Broadly, both ETFs tracking the Nifty Bank index and actively managed banking sector funds have not been able to make the most of the buzz around shares of the lenders so far this year. This is because both these products have limited exposure to the public sector and smaller banks, which have been the top performers this year.
Why is market rising today? Sensex gains 600 points, Nifty above 24K. 3 key factors
Indian stock markets surged on Wednesday, breaking a two-day losing spell. Positive global sentiment and other factors propelled investor confidence, with Sensex and Nifty 50